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Assoli18 [71]
3 years ago
10

In chicago's southside (and other places), auto mechanics (who work outside the formal sector, without a business license, adver

tising, or even a garage) will do work for gang members without charging them. in exchange, gang members chase away other mechanics who wish to operate in the area. these auto mechanics have monopoly power; what type of source does it come from? economies of scale hard to duplicate inputs innovation barriers to entry
Business
1 answer:
PilotLPTM [1.2K]3 years ago
5 0
<span>the auto mechanics who are protected by the gangs are taking advantage of the barriers to entry that prevent competition. These barriers are controlled by the gangs and serve as a form of payment to the auto mechanics in the area</span>
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Price discrimination

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Price discrimination is charging customers differently for the same product.

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Sales promotion

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Beyond Space Aeronautics is developing a profit-sharing plan. Ben, the human resource manager, assumes the employees are excited
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Answer:

The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.

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Now lets take a closer look at it.

Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!

Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!

Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?

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So, if option D is working, what are the non financial incentive that we can use to motivate our employees?

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